Last Room Availability

A guarantee that the corporate rate is available on the last remaining room of the chosen category. Without this guarantee, a hotel could sell out of rooms at the negotiated rate while still having availability at a higher public rate. It's a common term companies negotiate into their corporate rate agreements to protect access to the discount.

Hotels usually allocate only a limited number of rooms to each rate. When demand is high, for example during major events or peak seasons, discounted and corporate rates are often closed first, while rooms remain available at the best flexible rate. Last room availability, often abbreviated as LRA, requires the hotel to offer the corporate rate as long as any room in the agreed category is available, rather than restricting it once a certain number of rooms has been sold.

For companies, LRA is one of the most valuable clauses in a hotel agreement, because it ensures the negotiated rate is available exactly when it matters most. It is usually granted to companies with significant, reliable volume at a property, and hotels may offer non-LRA rates at a lower price in exchange for more flexibility on their side. Travel managers therefore weigh whether a slightly higher LRA rate is worth the certainty, especially in cities where the company travels frequently during busy periods.

Whatever the terms of a company's hotel agreements, they only deliver value if they are easy to use. Tumodo supports hotel corporate agreements, and account managers can help connect negotiated conditions to the platform so they apply automatically. Travellers compare corporate and public rates side by side across more than 3.5 million accommodation options, and real-time reports show how much the company spends with each hotel — useful data for the next round of negotiations.